Tuesday, November 06, 2001
City of Hamilton buys building from Corporex
The city of Hamilton has acquired the Renaissance office building from Corporex Cos. for $18.3 million.
City offices take up about two-thirds of the 120,000-square-foot building in downtown Hamilton.
The purchase is part of a lawsuit settlement stemming from a dispute over rent. The city had been paying Corporex $1.5 million a year in rent.
The seven-story structure sits next to a larger building also developed by Corporex.